Onto Innovation Stock Price on January 31, 2024

ONTO Stock  USD 163.34  5.65  3.34%   
Below is the normalized historical share price chart for Onto Innovation extending back to November 28, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Onto Innovation stands at 163.34, as last reported on the 11th of December 2024, with the highest price reaching 163.34 and the lowest price hitting 163.34 during the day.
IPO Date
26th of February 1992
200 Day MA
197.412
50 Day MA
187.2902
Beta
1.37
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Onto Stock, it is important to understand the factors that can impact its price. Onto Innovation maintains Sharpe Ratio (i.e., Efficiency) of -0.0621, which implies the firm had a -0.0621% return per unit of risk over the last 3 months. Onto Innovation exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Onto Innovation's Risk Adjusted Performance of (0.01), coefficient of variation of (3,539), and Variance of 11.44 to confirm the risk estimate we provide.
  
At this time, Onto Innovation's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 2 B, while Common Stock Total Equity is likely to drop about 41.9 K. . At this time, Onto Innovation's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 11th of December 2024, Price To Free Cash Flows Ratio is likely to grow to 43.58, while Price To Sales Ratio is likely to drop 2.42. Onto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0621

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsONTO

Estimated Market Risk

 3.36
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Onto Innovation is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Onto Innovation by adding Onto Innovation to a well-diversified portfolio.
Price Book
4.3848
Enterprise Value Ebitda
31.3145
Price Sales
8.8583
Shares Float
49 M
Wall Street Target Price
255.1244

Onto Innovation Valuation on January 31, 2024

It is possible to determine the worth of Onto Innovation on a given historical date. On January 31, 2024 Onto was worth 161.72 at the beginning of the trading date compared to the closed value of 161.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Onto Innovation stock. Still, in general, we apply an absolute valuation method to find Onto Innovation's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Onto Innovation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Onto Innovation's related companies.
 Open High Low Close Volume
  163.97    165.59    163.30    164.29    550,015  
01/31/2024
  161.72    164.80    158.39    161.50    509,164  
  162.39    164.02    160.60    162.95    406,277  
Backtest Onto Innovation  |  Onto Innovation History  |  Onto Innovation Valuation   PreviousNext  
Open Value
161.72
151.65
Downside
161.5
Closing Value
171.79
Upside

Onto Innovation Trading Date Momentum on January 31, 2024

On February 01 2024 Onto Innovation was traded for  162.95  at the closing time. The top price for the day was 164.02  and the lowest listed price was  160.60 . The trading volume for the day was 406.3 K. The trading history from February 1, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.90% . The trading delta at closing time against the current closing price is 11.25% .

Onto Innovation Fundamentals Correlations and Trends

By evaluating Onto Innovation's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Onto Innovation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Onto financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Onto Innovation Stock history

Onto Innovation investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Onto is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Onto Innovation will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Onto Innovation stock prices may prove useful in developing a viable investing in Onto Innovation
Last ReportedProjected for Next Year
Common Stock Shares Outstanding49.3 M29 M
Net Income Applicable To Common Shares256.8 M269.7 M

Onto Innovation Quarterly Net Working Capital

1.31 Billion

Onto Innovation Stock Technical Analysis

Onto Innovation technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Onto Innovation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Onto Innovation trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Onto Innovation Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Onto Innovation cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Onto Innovation December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Onto Innovation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Onto Innovation shares will generate the highest return on investment. By undertsting and applying Onto Innovation stock market strength indicators, traders can identify Onto Innovation entry and exit signals to maximize returns

Onto Innovation Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Onto Innovation's price direction in advance. Along with the technical and fundamental analysis of Onto Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Onto to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Onto Innovation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Onto Innovation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Onto Innovation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onto Innovation Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Onto Innovation. If investors know Onto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Onto Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.466
Earnings Share
3.71
Revenue Per Share
19.124
Quarterly Revenue Growth
0.217
Return On Assets
0.055
The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.